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Nov 28, 2012 6:00pm PST
,000. >> reporter: house speaker john boehner says no. once tax breaks get blocked democrats can go home for the holidays and on january 1 tax rates rise automatically for the top 2%. worried ceos came to capitol hill saying congress has to avoid the cliff. >> entitlements have to be touched and revenues have to be touched. >> to make sure we have revenue necessary in order to move this economy forward. >> we are willing to put revenue on the table as long as we are not raising rates. >> reporter: the president says no long-term deal without a rate hike on the rich. he is urging the middle class to lobby lawmakers. >> when american people speak loudly enough congress listens. >> reporter: 33 days, no deal yet. >>> the stock market rallied today as investors are hopeful that a deal will me made to prevent a fiscal cliff. >>> president obama met with his full cabinet for the first time since he was reelected. when he spoke out on behalf of susan rice cabinet members applauded and believe she is his top choice to replace secretary of state hill clinton but one moderate says she has doubts a
Nov 29, 2012 6:00pm PST
.s. lawmakers are no closer to avoiding the fiscal cliff, according to house speaker john boehner. each party blame the other for failing to outline considerable spending cuts. president obama sent vice president joe biden out today to do some holiday shopping and highlight the spors of renewing middle class tax cuts so families can feel more secure. biden went to a washington area costco and chatted it up with staff and was followed around the store by a huge crowd, as you can see. his favorite part like many who go to costco, try out the free samples. he spoke about the importance of renewing the tax cuts. >> so i think it is important that coming act now. i mean, right now. all it has to do is take a single vote to extend the middle class tax cuts. >> reporter: biden bought cookies, children's books and apple pie, and a 32-inch flat screen tv. he decline an offer to buy a set of tires saying i don't drive anymore. envelop the president had a notable lunch guest at the white house today. his former rival, mitt romney. the get-together mark their first meeting since facing off in the third p
Nov 30, 2012 6:00pm PST
recovering from his second tommy john surgery he had in april. it's believed there's a good chance he and his beard will not return to san francisco. we will tell you that comcast sportsnet insider andrew baggarly reporting giants and wilson are, quote, nowhere near a contract@(qqsq't for the 2013 season. one other national report says that if brian does not agree with the giants, his next preference would be -- check this -- the dodgers. ouch. >>> finally, my alma mater, 25th ranked san jose football team has accepted an invitation to the military bowl december 27th in washington, d.c. still uncertain who the opponent will be, we do know it will be the spartans' first bowl game appearance since 2006. >>> also this -- the score from the pac-12 championship game in progress at stanford staid wrum, cardinal leaving 17-14 at the half. as you might already know, this is the second time these two teams have met within a week. we of course will have highlights of this game later on at 11:00. raj and janelle, we leave you with this. the nba fined the san antonio spurs $250,000 today because the team
Search Results 0 to 2 of about 3